Economy

Swiss economy – Overview

One of the most competitive economies in the world at a glance: facts, figures and articles on business, exports, taxes and public finance.

Transport

Even though Switzerland tops the world rankings for rail travel by passenger-kilometres per capita, the car remains the country's favourite means of transport. For freight transport, efforts are under way to shift from road to rail.

Swiss financial centre

Switzerland's financial sector is a global leader in wealth management, with Swiss banks, insurance companies and pension funds generating around 10% of the country's value-added. Switzerland both shapes and implements international standards.

Sectors

The Swiss economy is service-oriented, but also has a strong, export-focused industrial sector. Swiss watches, which are a product of this sector, are known worldwide for their high quality.

Telecommunications

Switzerland's ultra-modern radio and television, mobile, fixed network and broadband infrastructure makes it a highly attractive location for businesses.

Energy

The Energy Strategy 2050 is intended to make Switzerland climate-neutral and less dependent on energy imports: consumption is to be reduced and the share of renewable energies increased.

Social Aspects

A stable labour market, characterised by low unemployment, contributes to a high GDP and ensures the strength of both the social safety net and healthcare system.